Professional review of the fraudulent broker BinFin: real client reviews
Company BinFin, present in the market since 2011, claims to offer the best conditions for CFD trading. However, our analysis showed that the domain registration date indicates its appearance in 2019. The binfin.co website contains information about the company, which seems to be written to have the maximum impact on potential clients.
BinFin claims to have licenses from FCA, CySEC, and Finma, but no information about BinFin is found on the websites of these regulators. The registration of the broker in the offshore zone of Saint Vincent and the Grenadines also raises questions, as such zones are usually used by fraudsters.
The binfin.co website offers a wide range of trading instruments, although the lack of the ability to work with futures and options is a drawback. The company offers various types of trading accounts, starting from the “Start” account at $500 to the “Black Diamond” account for $250,000, each of which provides certain benefits and services.
BinFin Partners: Review
The homepage of binfin.co claims that the broker partners with companies such as Goldman Sachs, UBS, Credit Suisse Group, Deutsche Bank, Bank of America, and J.P.Morgan Chase. However, these large companies are unlikely to be related to BinFin’s fraudulent practices.
BinFin Team: Review
The BinFin website features key figures of the company, including the founder, financial and technical directors, as well as other executives. However, information about these individuals is not available, raising suspicions about their actual existence.
Registration Process on binfin.co
To register on the BinFin website, you need to fill out a simple form with your details. However, we strongly recommend refraining from registration and depositing funds to avoid financial loss.
What Does BinFin Offer? Trading Instruments Review
BinFin offers clients the opportunity to trade stocks, currencies, gold, and cryptocurrencies using CFD contracts. However, limitations on the range of instruments may not satisfy experienced traders.
Charity from BinFin – False Claim!
BinFin claims to be actively involved in charity, but we found no evidence of this. It is likely just another method to attract clients.
Educational Material for Beginners on binfin.co. Review
The website provides educational materials for beginners, but the quantity is limited. Having only lectures may not provide an adequate level of preparation for successful trading.
Review of Broker BinFin’s Activity Reviews
Reviews of BinFin indicate problems with fund withdrawals and the unreliability of information provided by the broker. Many clients point out possible fraudulent schemes of the company.
Review Summary
The analysis conducted shows that BinFin is a fraudulent project that can lead to financial loss. We recommend being extremely cautious when considering this broker and turning to verified and reliable companies for trading.
I am extremely dissatisfied with the broker’s work, particularly BinFin, as their fraudulent practices have been exposed through professional reviews and real client feedback.